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South Carolina’s top accountant is resigning after a $3.5 billion error and accusations of ‘willful neglect of duty’
FinanceSouth Carolina’s top accountant is resigning after a $3.5 billion error and accusations of ‘willful neglect of duty’
By James Pollard and The Associated PressMarch 23, 2023
Richard Eckstrom
PoliticsAfter 20 years in office, South Carolina’s Comptroller is resigning because of a $3.5 billion accounting error
By James Pollard and The Associated PressMarch 23, 2023
Former Treasury Secretary and current Harvard Professor Larry Summers
Finance ‘A lot of people have compared this to Lehman. I would compare it to Enron’: Larry Summers has some choice words for Sam Bankman-Fried and FTX
By Steve MollmanNovember 11, 2022
Group of students work together on a project.
Education ArticlesCPA versus MBA: Should you have both?
By Preston Fore and Sydney LakeDecember 7, 2021
Automation-Worker Mindset
FinanceThe biggest challenge in finance automation may be changing workers’ mindsets
By Felicia HouDecember 7, 2021
The Bitcoin rollercoaster will force Tesla to take earnings hits that investors will hate
FinanceThe Bitcoin rollercoaster will force Tesla to take earnings hits that investors will hate
By Shawn TullyMay 26, 2021
Tax deduction for settling a sexual harassment suit? Under Biden’s and Warren’s tax proposals: Yes
CommentaryTax deduction for settling a sexual harassment suit? Under Biden’s and Warren’s tax proposals: Yes
By Andrew Belnap and Jeff HoopesMay 15, 2021
Photo of Jaan Tallinn.
TechHe’s worried A.I. may destroy humanity. Just don’t confuse him with Elon Musk
By Jeremy KahnNovember 13, 2020
enron audit fraud
CommentaryThe real problem with accounting firms: They don’t reward auditors that challenge clients
By Karthik RamannaJuly 11, 2020
Commentary - outside auditors
CommentaryOnly 4% of fraud is caught by outside auditors. It’s time for accounting to change its approach
By Brian FoxJuly 2, 2020
Photo of Wirecard logo on a building.
FinanceIf Ernst & Young auditors had done this one thing, they might have uncovered Wirecard’s $2 billion fraud years sooner
By Jeremy KahnJune 30, 2020
Wirecard former CEO Markus Braun
FinanceWirecard shows auditing is broken. Here’s why—and how to fix it
By Jeremy KahnJune 25, 2020
Minding the GAAP: companies are using a wider range of accounting metrics to inform investors—and sometimes mislead them
FinanceMinding the GAAP: companies are using a wider range of accounting metrics to inform investors—and sometimes mislead them
By Erik ShermanJanuary 24, 2020
Harry Markopolos-GE-Madoff
FinanceHow the Man Who Nailed Madoff Got GE Wrong
By Shawn TullyOctober 3, 2019
A General Electric turbine for Boeing 777 is on di
FinanceGE’s Basic Businesses Are Badly Underperforming, by This Accounting Metric
By Shawn TullyAugust 27, 2019
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